Larry Sharp, the longtime local business leader who was ousted from Arrowhead Credit Union after the government took it over, has been named vice president for university advancement at Cal State San Bernardino.

Sharp will begin his post on Sept. 1, overseeing the university’s alumni, development and public affairs, university officials said.

“I look forward to working with the folks at Cal State San Bernardino,” he said. “I feel very fortunate to be working with (university) President (Albert) Karnig and the staff, and helping them to reach their vision and goals for the university” said Sharp, 68, who earned a master’s degree in finance from the campus.

Sharp, who ran San Bernardino-based Arrowhead Credit Union for more than 27 years as its president and CEO, was ousted from the job, along with other executives, earlier this month. Federal regulators had seized the credit union, citing its faultering financial position.

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